Venice Token (VVV) rose 15% over 24 hours as cryptocurrency markets reacted to FOMC rate hikes, while trading volume reached $67.90 million. Open interest, which measures the value of outstanding derivatives positions, also increased 15% to $125 million, with long positions representing 50.58% of total market exposure. Staking (locking tokens to support a network and earn rewards) reached an all-time high of $874 million, while network revenue climbed to its highest level of the month amid increased market activity. The token’s integration with the NEAR protocol may have contributed to the revenue increase. On the daily chart, VVV has maintained its bullish move following a consolidation breakout a few weeks ago, holding support at $21.50 and trading above all key exponential moving averages. A $22.72 million liquidity cluster around the next resistance at $30 identifies that level as a key target for bulls, although the outlook depends on whether buyers can sustain increasingly bullish positioning.